JAFCO Invests $15 Million USD in ICO solution Company Tech Bureau

TOKYO – SEPTEMBER 7, 2017 — Proving growing interest in the Initial Coin Offering (ICO) as a means for corporate fundraising, JAFCO has invested $15 million USD into Tech Bureau, Corp. Combined with Infoteria Corporation’s $1 million USD investment in Tech Bureau’s Series B offering and other investments, Tech Bureau has raised over $25 million USD to develop and launch the first integrated ICO platform, COMSA.

“The recent clamp down of ICOs in various jurisdictions is stifling the fintech industry,” said Lon Wong (Lon), President of the NEM.io Foundation. “With a foresighted approach, Japan appears to be taking the lead in managing the growth of the cryptocurrency industry. Major venture capital companies are pouring in money, and the industry is well on its way to becoming a major economic force.”

Following Tech Bureau’s COMSA ICO white paper (similar to an IPO prospectus), four venture capitalists and one angel investor signed up for COMSA’s token sale. Additionally, 120,000 people have registered to participate in the COMSA ICO. In 2017, Tech Bureau expects four companies to launch ICOs of their own, while 30 companies are on a waiting list for deployment in 2018.

To further expand ICO adoption and deployment, Tech Bureau has founded Japan’s first ICO council. The council draws expertise from banks, stock companies, a foreign exchange margin trading company, an audit firm, two law firms, and over 15 technology companies.
They aim to introduce the ICO as a pragmatic fundraising method with guidelines to secure the success of both token sellers and buyers.

About Tech Bureau, Corp.

Tech Bureau is a fintech and cryptocurrency company that develops software and services based on blockchain technology. Tech Bureau has developed mijin, a private blockchain software, and Zaif, a Bitcoin and cryptocurrency exchange platform.

Tech Bureau recently launched a one-stop solution “COMSA” that provides companies with consultation, expertise and solutions to support their very own ICOs and implement blockchain technology into their business practices.

Mijin and Zaif are registered trademarks of Tech Bureau. All other product and company names herein may be trademarks by their registered owners.
This article converts Japanese Yens to American Dollars with 100 JPY = 1 USD rate.
Press contact, Tech Bureau: Fujita / pr@techbureau.jp / +81-6-6533-2230

About NEM.io Foundation Ltd

NEM.io Foundation is a non-profit organization based in Singapore, set up to promote NEM’s blockchain technology globally. It is currently one of the most well-funded and successful blockchain technology projects in the cryptocurrency industry. NEM’s blockchain protocol is currently being utilized in a variety of financial institutions and industries.